Overview
- One97 Communications announced a strategic collaboration with US-based Groq to integrate GroqCloud, powered by the Language Processing Unit, across Paytm’s payments and platform intelligence systems.
- Paytm says the architecture will deliver faster, lower-latency, and more cost-efficient AI inference than GPU-based setups, with no independent benchmarks shared in the reports.
- Planned applications include scaling real-time fraud detection, risk modelling, customer onboarding, personalization, transaction processing, and customer engagement.
- Chief Business Officer Narendra Singh Yadav said the partnership enables real-time AI inference at scale, while Groq’s APAC GM Scott Albin highlighted support for national-scale deployment.
- The announcement follows Q2 FY26 results showing consolidated net profit of Rs 21 crore versus Rs 928 crore a year earlier, with revenue up 24.43% year-on-year to Rs 2,061 crore.